Microsoft, an American multinational technology company headquartered in Washington, announced the extension of a six-month programme which helps women to start and build their businesses through its cloud distribution channels.
The initiative called “Microsoft Cloud Accelerator Programme” gives the firms access to resources, including expert mentorship, networking communities and sourcing customers in order to grow their cloud businesses and create jobs.
The programme was only available in the United States before being expanded to Kenya, South Africa, Canada, France, Germany, India, the UAE and the United Kingdom.
To participate in the programme, women are required to pay a $1000 fee and win at least one business to business customer within the six months with a contract value of $100,000.
The Microsoft Corporate Vice President of Cloud + AI, Charlotte Yarkoni, “through a multi-million-dollar, multi-year investment from Microsoft, it is our goal that this programme can help generate $1 billion in cloud opportunity by providing accessible cloud technology to more than 1,000 women-led tech firms annually, enabling them to scale their businesses”.